Bitcoin Basics (Part 5) – “How To Make Money Trading Bitcoin”

Grab my free Bitcoin trading book here: http://dunn.ly/bitcoin-book

In this video I’m going to talk about my favorite subject – how to make money trading Bitcoin. As a professional trader, I think I bring a unique perspective to trading Bitcoin, which is probably why I’ve nailed 5 trades in a row.

Thanks to this Tutorial I started a new better life, started 2016 with trading myself! Thank you Chris!!

I learned to trade in the year 2016 with Bitcoin aswell and was more or less succesful on Kraken and Poloniex.
Later that year I started to trade also with another crypto currencies and learned a lot, the most important thing is to get early the right signals from the marcet and to react fast, but at the end it is always a thing about how much emotions influence you.
Than thanks god a professional trader suggested me a company which are working together with 6 of the most proffesional Crypto-Currencie Trader worldwide. You can invest into this company and you get back till to 29,7% a month and later (planed around April) they will publish an app for all kind of OS and offer schoolings to every investor and partner. Looking fortwarth to learn a lot from this outstanding company while they work with my invested money.

I can really recommend this offer to everybody out there, if you have some questions feel free to ask me at anytime over the contact field. Take a look -> https://goo.gl/MRvhh1 and keep the trade! =)

Is Kraken a good place to trade on the margin. Also, are there any resources out there to help lay people recognize trends? I have traded before, back in middle school with my Uncle, but I am out of practice. Thanks for the informative vid.

Latest ways on how to make $50 – $100 Daily online (2016)!
Just Google *”chriseo online money machine”*, sign up for free, go through the training and contact me when ready to SET UP your campaign properly

nice one and true fact on BTC but you can make over 10000% profit on your bitcoin by joining my p2p bitcoin donation with just 0-03 BTC and leave the rest to us to market
you will receive over 10000% in form of donation up to 164BTC GIVE US A TRY
JOIN HERE YOU DO NOT NEED TO BRING ANY NEW MEMBERS WE DO IT ALL FOR YOU
REFhttps://www.zarfund.com/ref/cbfd97677d

Hey Chris, Thanks for everything and I’ll suggest that you definitely should do a video serious just like this one talking about tech. analysis. Thanks would great for all of your subscribers.
Thumps up if you agree people.
Thanks again!

For trading should you typically trade in and out of USD or should you trade BTC to other coins like ETH? Also, what are your thoughts on using shapeshift for trading? This is a question for Chris, but I appreciate comments from anyone else too. I’m fairly new at this. Owned Bitcoin for a couple of weeks now.

Hi,
I live in India and after searching for a while i could not find a proper website which can provide me candle charts for bitcoin india. Without candle charts how am i supposed to do technical analysis?

As someone new to trading, you talk about making money from shorting. In what way do you do it? buy back the same volume of BTC for cheaper and pocket the change, or use the money from selling to buy more bitcoin than you originally had and then make the profit when it goes up again and you have a higher volume to sell?

I’m curious why you share your knowledge?If we all learn from you, won’t that reduce your margin, and eventually completely ruin bitcoin trading, since once “everybody” knows how to do it, there are no longer any “suckers?”

Question. How exactly do you predict the drops and rises in prices for bitcoin? What do you use? What news sites do you follow? And I don’t quite get the short hand, it seems to me like it’s the same as the long hand. You said you sell high and buy low but what is the exact difference between them?

Thank you so much for all the explanation. I have watched the 5 beginner videos. I have a question here and if you could reply it would be great.
Do you see a way i can use Bitcoin to Transfer funds from Country A to Country B ?
Would i lose money doing it? Is it a good way to get away with banking fees etc.

Thank you Chris , I ve learned in the hard way I lost about 2000 usd today trying to catch the rabbit looking for a software to trade bitcoins like COINIGY do you know it ? I have found your video at the beggining I did not believe but more you talk is a reality. I have made very good income with BTC- in BTCC china because I bought a 328 and sold at 1050. I had about 45 but for the past 24 hours I lost 2000 usd in short trading. I want to learn the system ask me for API to put in their system. I live in china and here is very volatile. Thank you Wilhelm Hernandez